Downtown Boca Mediterranean/Hookah Restaurant

  • Listing# : 13673
  • Listed Price : $120,000
  • Total Sales : $238,590
  • SIC : 5812
  • Down Payment : $120,000
  • Status : Active
  • Discretionary Earnings : $72,392

Business Type :

Restaurants / Limited-Service Restaurants

Business Description :

Reason for Sale: Focusing on other businesses owned - Downtown Boca Mediterranean/Hookah Restaurant. This restaurant is in the heart of all the new residential apartments development in Boca Raton. 1500 sq ft of outside seating & 1500 sq ft inside. Serving breakfast/lunch/dinner. Licensed 150 seats. Fun atmosphere to be an entrepreneur. Great take-out business with uber catering. Priced to sell at $150k. Video tour available. Open to 3am weekends. A new owner can get a Beer/Wine license which will help increase the average ticket price. Owner Benefit $70k+.

 

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $6,000
    • Incl : Yes
    • Liabilities $0
    • Incl :
    • FF&E $100,000
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $30,000
    • Incl : Yes
    • Total Assets $136,000
    • Incl : Yes

Lender Prequalified: No

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Restaurants